Traits of an Entrepreneur
A positive attitude
What is optimism?
The E in STEAM education
What is engineering?
The minimum amount in revenue that the SBA says qualifies a company as a big business
What are seven million dollars?
Get paid to draw a picture
What are art commissions?
A professionally managed investment fund with shareholders.
What are mutual funds?
This personal journal can help with time management
What is a day planner?
When The Business Center was founded?
Interest, like in a savings account, where the principal amount is compounded (or added onto) with each added interest calculation
What is compound interest?
Get paid to balance the books
What is SWOT analysis? (Strengths, Weaknesses, Opportunities, Threats)
Entrepreneurs can bounce back from this with resilience.
What is failure?
SBA stands for this
What is Small Business Administration?
Tech startup entrepreneurs are recommended to get this much industry experience before starting.
What are 7 years?
Get paid to write online
What is blogging?
A resource that is owned and creates positive value
What is an asset?
The amount of money required to manufacture, produce, and distribute a product or service.
What is cost of goods sold?
The name of the building we are in
What is Elders Hall?
These are the types of entrepreneurial ventures featured on shark tank.
Get paid to take pictures
What is event photography?
A type of intellectual property used to identify products and services with a recognizable sign or phrase
What is a trademark?
Entrepreneurs coordinate these three things to manage risk and address a specific need to make profit.
What are resources, labor, and capital(money)?
Income generated from a business's normal operations
What is revenue?
This flexible business structure combines elements of a partnership with elements of corporation.
What is a limited liability corporation (LLC)?
Get paid to work for someone else at their company
What is an employee?
The value that would be returned to the company's shareholders if all of its assets were sold and its debts repaid.
What is equity?